509 19th Avenue E, Seattle, WA 98112 (MLS # 2458090)

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Listing provided courtesy of Northwest MLS; Kidder Mathews

PRICE $5,490,000
BEDS 0
BATHS 0
HOME SIZE 13,405 sqft
LOT SIZE 16,802 sqft

Built in 1968, this 19-unit apartment building offers an A+ Capitol Hill location in the heart of the 19th Ave E retail corridor, just steps from some of Seattle's top restaurants and bars. The property features a desirable mix of spacious 1-bedroom and 2-bedroom units averaging approx. 706 SF, ample parking, and updates to key building systems. In-place operations provide steady, strong cash flow with clear upside through rent increases and unit improvements. Situated on a 16,800 SF parcel with NC1-55(M) zoning, 509 presents an exceptional value-add, land-bank, and future redevelopment opportunity in one of the city's most coveted neighborhoods.

LAST UPDATED 12/1/2025 TRACT Capitol Hill
YEAR BUILT 1968 COMMUNITY Capitol Hill
COUNTY King STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR None
AREA 390 - Central Seattle
CONSTRUCTION Wood Siding
HEAT Baseboard, Electric
LOT 0.3857 acre(s)
LOT DESCRIPTION Curbs, Paved, Sidewalk, Value In Land
LOT DIMENSIONS 16800
MLS STATUS Active
STORIES 3
STYLE 56 - 10+ Units
SUBDIVISION Capitol Hill
TAXES 64892
UTILITIES Sewer Connected
VIEW Yes
VIEW DESCRIPTION City

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 12/3/25 4:10 AM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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